Open Energy
Motor Vehicle Parts ManufacturingCentral Region, Singapore2-10 Employees
Open Energy, a Singapore-based company in the motor vehicle parts manufacturing sector, is developing HyperSwap, a rapid battery-swapping system for electric vehicles. Swaps are completed in about three minutes, addressing slow charging and high infrastructure costs, with AI monitoring intended to ensure battery health and safety. The approach targets high-mileage fleets where downtime is costly, such as logistics and ride-hailing operators. The technology is compatible with roughly 80% of current EV models without changes to vehicle design and aims to extend battery life by up to three times, reducing total cost of ownership for fleets. In addition, swapping stations can function as distributed energy storage to support grid stability and renewable energy management, and the company has secured MOUs and recognition from industry players, signaling a growing ecosystem and potential to lead EV infrastructure development in Korea and beyond.
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